iRich

According to an article in The Economist, Apple's share's have risen by nearly 50% in value in the first quarter of this year. This makes Apple the highest valued company on the American Stock Market at over $550 Billion. This will likely mean another huge payoff for share holders. For the past 2 decades three companies have alternated as the most valueable in the American stock market; General Electric, Exxon Mobile, and Microsoft. However Apple doesn't employ nearly as many people as these three and also doesn't generate nearly the revenue. Apple is able to be a more powerful player on the stock market than these three because it's unprecedented poosibiltity of growth. In the past ten years Apple has introduced the ipod, iphone, and ipad, each was on the cutting edge of technology. As soon as another company comes out with their own version of Apple's product, Apple updates theirs and released the newer version, keeping themselves ahead of the competition. This unique situation allows Apple to be a stronger stock than companies that are larger in traditional terms.